Microsoft Invests in Move Networks
ComputerWorld | August 26, 2008
Microsoft Corp. made an undisclosed investment in Move Networks Inc., a company that supplies streaming video technology, in an attempt to boost its online video presence.
The companies already have a relationship, struck in March, that makes their Internet technologies compatible. Move Networks’ customers, like ABC and the CW Television Network, that use Move’s technology to stream video online can also use Microsoft’s Silverlight to include interactive elements such as branding and navigation in the videos. Silverlight is Microsoft’s browser plug-in and development runtime for adding multimedia and video to Web-based applications.